Journal Article Incentives in Planning Procedures for the Provision of Public Goods Get access John Roberts John Roberts Northwestern University Search for other works by this author on: Oxford Academic Google Scholar The Review of Economic Studies, Volume 46, Issue 2, April 1979, Pages 283–292, https://doi.org/10.2307/2297051 Published: 01 April 1979 Article history Received: 01 June 1976 Accepted: 01 January 1977 Published: 01 April 1979
Journal Article Equity, Efficiency and Increasing Returns Get access Donald J. Brown, Donald J. Brown Cowles Foundation for Research in Economics at Yale University Search for other works by this author on: Oxford Academic Google Scholar Geoffrey Heal Geoffrey Heal University of Sussex Search for other works by this author on: Oxford Academic Google Scholar The Review of Economic Studies, Volume 46, Issue 4, October 1979, Pages 571–585, https://doi.org/10.2307/2297028 Published: 01 October 1979 Article history Received: 01 July 1978 Accepted: 01 January 1979 Published: 01 October 1979
Journal Article On the Free Rider Problem in the M.D.P. Procedure Get access Claude Henry Claude Henry Laboratoire d'Econométrie de l'Ecole Polytechnique, Paris Search for other works by this author on: Oxford Academic Google Scholar The Review of Economic Studies, Volume 46, Issue 2, April 1979, Pages 293–303, https://doi.org/10.2307/2297052 Published: 01 April 1979 Article history Received: 01 May 1977 Accepted: 01 December 1977 Published: 01 April 1979
Journal Article Efficient Collective Choice when Compensation is Possible Get access Theodore Groves Theodore Groves University of California, San Diego Search for other works by this author on: Oxford Academic Google Scholar The Review of Economic Studies, Volume 46, Issue 2, April 1979, Pages 227–241, https://doi.org/10.2307/2297047 Published: 01 April 1979 Article history Received: 01 February 1978 Accepted: 01 October 1978 Published: 01 April 1979
Journal Article An OCE Analysis of the Effect of Uncertainty on Saving under Risk Preference Independence Get access Larry Selden Larry Selden Columbia University in the City of New York Search for other works by this author on: Oxford Academic Google Scholar The Review of Economic Studies, Volume 46, Issue 1, January 1979, Pages 73–82, https://doi.org/10.2307/2297173 Published: 01 January 1979 Article history Received: 01 March 1977 Accepted: 01 May 1978 Published: 01 January 1979
Journal Article Human Capital and Earnings: British Evidence and a Critique Get access George Psacharopoulos, George Psacharopoulos London School of Economics Search for other works by this author on: Oxford Academic Google Scholar Richard Layard Richard Layard London School of Economics Search for other works by this author on: Oxford Academic Google Scholar The Review of Economic Studies, Volume 46, Issue 3, July 1979, Pages 485–503, https://doi.org/10.2307/2297015 Published: 01 July 1979 Article history Received: 01 October 1976 Accepted: 01 June 1978 Published: 01 July 1979
Journal Article Optimal Depletion of an Uncertain Stock Get access Richard J. Gilbert Richard J. Gilbert University of California Search for other works by this author on: Oxford Academic Google Scholar The Review of Economic Studies, Volume 46, Issue 1, January 1979, Pages 47–57, https://doi.org/10.2307/2297171 Published: 01 January 1979 Article history Received: 01 July 1976 Accepted: 01 May 1977 Published: 01 January 1979
A lot of attention has been devoted recently to the study of social decision-making procedures which combine voting with chance (for different approaches to the subject, see Zeckhauser (1969), Fishburn (1972a, b, 1978) Intriligator (1973) and Barbera and Sonnenschein (1977).) Decision schemes are procedures of this kind which assign a lottery on the set of alternatives to each N-tuple of rankings of alternatives. It is interpreted that they specify the probability with which each of the alternatives open to society is to be chosen, on the basis of the ordinal preferences on these alternatives expressed by the members of this society. In this paper I define two wide classes of decision schemes-supporting size and point voting decision schemes-which can be viewed as natural adaptations to the probabilistic framework of two basic principles used in making deterministic choices: majority and positional voting. It is noted that these two principles, which are in general incompatible within a deterministic framework, can be jointly satisfied within the setting of decision schemes by what I call simple decision schemes, a third class which is the intersection of the two above. The theorems in the paper characterize these three classes in terms of the properties they satisfy. Some of these properties are, in turn, adaptations to the new framework of standard conditions in social choice theory: anonymity, neutrality and strategyproofness. Two other new properties are introduced, which I call alternative independence and individual independence. The following results are obtained:
Jerry Green, Jean-Jacques Laffont; On Coalition Incentive Compatibility, The Review of Economic Studies, Volume 46, Issue 2, 1 April 1979, Pages 243–254, h
Journal Article Quality and Quantity Competition Get access Avinash Dixit Avinash Dixit University of Warwick Search for other works by this author on: Oxford Academic Google Scholar The Review of Economic Studies, Volume 46, Issue 4, October 1979, Pages 587–599, https://doi.org/10.2307/2297029 Published: 01 October 1979 Article history Received: 01 September 1977 Accepted: 01 November 1978 Published: 01 October 1979